I think there will be a lot of people willing to take a punt on this for purely the chance of a forced share buy back. Let’s hope for other news this week.
All we need now is an rns from prim this week saying they are delaying spending the money on the company buy back due to legal proceedings and then we’re off to the races.
RE: Pr1 is on everyone's watch list11 Jul 2025 09:21
If you were the mm’s what do you do next- try and hold back this bulging net or let it go and let the market dictate the price - are their mates fully loaded yet that’s the question!
They say follow the money- well the money is coming in here- if they’ve been given a nudge they’re not being subtle-some big buys over the last 2 days.
I’ll top up at 4.5- being slowly walked down some more. Surely not a lot left to walk down though- Christ my local newsagents will have a bigger mcap soon.
Maybe they’ve come to an agreement where prim give us a bung to keep quiet and then weirdly the paperwork gets tweaked to suit-and no one gets in trouble
RE: James will lose some credibility9 Jul 2025 08:50
I’m gonna guess that this goes below 4.5 as people may have accumulated ready for the “ big squeeze” and will now quietly offload- either way the monkey is half off our back and I wouldn’t be surprised if we finish blue. I have some more beans to put in this bad boy but can I catch it right? Probably not.
I didn’t think our bod are sitting there chewing their nails hoping that Dave ( who they sent along to listen in) is about to ring them and say- yeah they said in the meeting they plan to buy back the shares!
There are podcasts on this and people are taking action- our bod will be taking action too- the big question is- will it be upheld? This is a serious situation for regulators and this will have a big impact on the market in general for the future depending on the outcome- this is definitely not gonna get a casual answer in a meeting.
Expect nothing from Prim and hope we get an update here soon- pressure is building- it could bust Prim so it’ll have to be handled delicately.